Styrenix Performance Materials standalone net profit rises 36.52% in the December 2024 quarter
30 - Jan - 2025 12:00 | 60 days ago
Net profit of Styrenix Performance Materials rose 36.52% to Rs 47.70 crore in the quarter ended December 2024 as against Rs 34.94 crore during the previous quarter ended December 2023. Sales rose 42.52% to Rs 690.79 crore in the quarter ended December 2024 as against Rs 484.68 crore during the previous quarter ended December 2023.
Board of Styrenix Performance Materials approves acquisition of INEOS Thailand
09 - Dec - 2024 12:00 | 112 days ago
The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution (Thailand) Co.,(INEOS Thailand) from its existing shareholders, i.e. INEOS Styrolution Group GmbH (INEOS Germany), INEOS Styrolution APAC Pte. and INEOS Styrolution Hong Kong Company, subject to completion of customary conditions precedent (Proposed Acquisition), in terms of a share sale and purchase agreement between the Company and INEOS Germany (SPA). Pursuant to the Board's approval, the Company has executed the SPA with INEOS Germany today i.e. on 09 December 2024.
Board of Styrenix Performance Materials approves acquisition of INEOS Thailand
09 - Dec - 2024 12:00 | 112 days ago
The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution (Thailand) Co.,(INEOS Thailand) from its existing shareholders, i.e. INEOS Styrolution Group GmbH (INEOS Germany), INEOS Styrolution APAC Pte. and INEOS Styrolution Hong Kong Company, subject to completion of customary conditions precedent (Proposed Acquisition), in terms of a share sale and purchase agreement between the Company and INEOS Germany (SPA). Pursuant to the Board's approval, the Company has executed the SPA with INEOS Germany today i.e. on 09 December 2024.
Styrenix Performance Materials standalone net profit rises 36.52% in the December 2024 quarter
30 - Jan - 2025 12:00 | 60 days ago
Net profit of Styrenix Performance Materials rose 36.52% to Rs 47.70 crore in the quarter ended December 2024 as against Rs 34.94 crore during the previous quarter ended December 2023. Sales rose 42.52% to Rs 690.79 crore in the quarter ended December 2024 as against Rs 484.68 crore during the previous quarter ended December 2023.
Board of Styrenix Performance Materials approves acquisition of INEOS Thailand
09 - Dec - 2024 12:00 | 112 days ago
The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution (Thailand) Co.,(INEOS Thailand) from its existing shareholders, i.e. INEOS Styrolution Group GmbH (INEOS Germany), INEOS Styrolution APAC Pte. and INEOS Styrolution Hong Kong Company, subject to completion of customary conditions precedent (Proposed Acquisition), in terms of a share sale and purchase agreement between the Company and INEOS Germany (SPA). Pursuant to the Board's approval, the Company has executed the SPA with INEOS Germany today i.e. on 09 December 2024.
Styrenix Performance Materials standalone net profit rises 36.52% in the December 2024 quarter
30 - Jan - 2025 12:00 | 60 days ago
Net profit of Styrenix Performance Materials rose 36.52% to Rs 47.70 crore in the quarter ended December 2024 as against Rs 34.94 crore during the previous quarter ended December 2023. Sales rose 42.52% to Rs 690.79 crore in the quarter ended December 2024 as against Rs 484.68 crore during the previous quarter ended December 2023.
Board of Styrenix Performance Materials approves acquisition of INEOS Thailand
09 - Dec - 2024 12:00 | 112 days ago
The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution (Thailand) Co.,(INEOS Thailand) from its existing shareholders, i.e. INEOS Styrolution Group GmbH (INEOS Germany), INEOS Styrolution APAC Pte. and INEOS Styrolution Hong Kong Company, subject to completion of customary conditions precedent (Proposed Acquisition), in terms of a share sale and purchase agreement between the Company and INEOS Germany (SPA). Pursuant to the Board's approval, the Company has executed the SPA with INEOS Germany today i.e. on 09 December 2024.
Board of Styrenix Performance Materials approves acquisition of INEOS Thailand
09 - Dec - 2024 12:00 | 112 days ago
The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution (Thailand) Co.,(INEOS Thailand) from its existing shareholders, i.e. INEOS Styrolution Group GmbH (INEOS Germany), INEOS Styrolution APAC Pte. and INEOS Styrolution Hong Kong Company, subject to completion of customary conditions precedent (Proposed Acquisition), in terms of a share sale and purchase agreement between the Company and INEOS Germany (SPA). Pursuant to the Board's approval, the Company has executed the SPA with INEOS Germany today i.e. on 09 December 2024.
